What is a Credit Union?
A credit union is a group of people who save together and lend to each other at a fair and reasonable rate of interest. Credit unions offer members the chance to have control over their own finances by making their own savings work for them. Regular savings form a common pool of money, which in turn provides many benefits for members.
The definition most commonly seen is: A financial cooperative organizations of individuals with a common affiliation (such as employment, labor union membership, or place of residence). Credit unions accept deposits of members, pay interest (dividends) on them out of earnings, and primarily provideconsumer installment credit to members.
Find more information on credit union banking services.
Learn more about Credit Union Leagues.
What are they? Where are they located? Members?
Would you like a free mortgage quote? Refinance, Home Equity, Debt Consolidation, or Purchase.
We have found that alot of people are interested in refinancing or getting a mortgage from a credit union. So we decided to look up the larger credit unions and do a review of their mortgage services. Now remember we are not associated to any credit unions, we just believe that credit unions offer better customer service than banks do.
With more than 70 years of experience and over 650 thousand members, Pentagon Federal Credit Union is one of the strongest credit unions in the world.
Since 1933, Navy Federal Credit Union has grown from seven members to become the largest credit union in the world with over 2.8 million members.
With 20 branches in New York, ESL Federal Credit Union offers deposit accounts, credit cards, & investment products.
The second largest financial institution in Alaska is Alaska USA Federal Credit Union with over 275 thousand members.
Oklahoma's largest credit union, Tinker Federal Credit Union, serves the employees of over 400 area companies.
GTE Federal Credit Union
Offering loans in California, Arizona, & New Mexico Arrowhead Credit Union offers varied mortgage preograms.
Municipal Credit Union
Articles:
Should you consider a Debt Consolidation Loan?
Are you interested in learning about what is happening in the Credit Union and Banking Industry?
We have gathered news about credit unions. We plan to develop this section more over the next couple months. Check back for the updates.
Credit Union Headlines:
Local curlers barred from national championships Prince Albert Daily Herald - Feb 04, 2008 A storybook ending was in sight for Deb Thierman's Prince Albert-based foursome, Sunday at the 2008 Affinity Credit Union Provincial Senior Women's Championship in Assiniboia.
Full Story: http://www.paherald.sk.ca/index.cfm?sid=105040&sc=5
Cops look for gunman who robbed credit union Northwest Indiana Times - Feb 2, 2008 WINFIELD | The FBI and Lake County police are looking for a man who robbed Members Advantage Credit Union at gunpoint. FBI spokeswoman Wendy Osborne said agents and police are investigating whether the suspect is one of two men who robbed the same financial institution last month.
Full Story: http://www.thetimesonline.com/articles/2008/02/03/news/lake_county/docce2aed86522fce16862573e4000d12ab.txt
Local curlers barred from national championships Prince Albert Daily Herald - Feb 04, 2008 A storybook ending was in sight for Deb Thierman's Prince Albert-based foursome, Sunday at the 2008 Affinity Credit Union Provincial Senior Women's Championship in Assiniboia.
Full Story: http://www.paherald.sk.ca/index.cfm?sid=105040&sc=5
Pages recently updated:
First Bristol FCU offers membership to anyone who live, work, worship or attend school in, and businesses and other legal entities located in Bristol, Connecticut. Waterbury Postal Employees Federal Credit Union is headquarted in Waterbury, Connecticut. State Police Credit Union serves the employees of the Connecticut Department of Public Safety and employees of this credit union. Hamilton Sundstrand FCU strives to meet the financial needs of their employees and families. Ukrainian SelfReliance New England FCU serves the Ukrainian community in New Britain and Wethersfield, Connecticut. Quinnipiac Valley Community FCU serves those who live, work, worship, attend school in or businesses located in the Town of Wallingford, Connecticut. Bristol Municipal Employees Federal Credit Union is headquarted in Bridgeport, Connecticut. UFCW Local 371 FCU is open to anyone who is a member of UFCW Local 371. Paho/Who FCU field of membership is comprised of employees of the Pan American Health Organization (PAHO) and selected affiliates. DC Christian FCU is headquartered at 1500 9th ST., N.W., Washington, DC 20001.
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